- Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades -, page-9

There is no doubt that the eastern central banks are swapping dollars for gold but big money is buying the dollar because of fear of emerging market chaos and the upcoming European elections according to Armstrong and he is probably correct.
US treasuries are the most liquid asset on the planet,along with gold.
The western central banks set the price of gold and it is so under valued that for the eastern central banks it is an absolute gift of mega proportions.
The fraudulent western central banks are trapped by their own mindless stupidity and can only interfere with markets to try and keep this claptrap show rolling on.
Its a bit like an old clunker that starts off running smooth,then gradually the quality of the fuel deteriorates and it stops getting serviced and gradually it grinds to a halt because it seizes up.